Jimmy Beatrice, Author at Business Benefits

2020 HSA Contribution Deadline Extended to May 17th

by Jimmy Beatrice | April 7, 2021 | Employer Guidance

The IRS extends the 2020 HSA contribution deadline to May 17th. The extension is applicable to after-tax HSA contributions, not pre-tax contributions through payroll deductions.

Finalized Association Health Plan Ruling by the Department of Labor

by Jimmy Beatrice | July 3, 2018 | Health Care Reform, Recommended Articles

On June 19th, 2018, the Department of Labor released final rules allowing for expanded availability of Association Health Plans (AHPs), typically for small employers. The rule establishes a broader definition of eligible employers that can join an association to...

Transition Relief Extended through 2019

by Jimmy Beatrice | June 1, 2018 | Health Care Reform

Once again CMS and HHS will allow small employers and individual health plans another year extension of transitional (grand-mothered) coverage. Transitional relief allows employers to continue to use their health plans that don't meet requirements of the...

2018 HSA Limits Changed

by Jimmy Beatrice | April 27, 2018 | Employee Benefits, Employer Guidance, Health Care Reform

On April 26, 2018 the IRS announced that they are changing the HSA contribution limit once again for participants with family coverage for 2018. The new maximum contribution limit is going up to $6,900, $50 higher than announced earlier this year in...

Section 1411 Notices – Employer Penalties

by Jimmy Beatrice | April 22, 2016 | Employee Benefits, Employer Guidance, Health Care Reform, Recommended Articles

It has become increasingly important for Applicable Large Employers (ALEs) to comprehend and familiarize themselves with Section 1411 notices from the Exchange/ Marketplace. When an ALE receives one of these notices, it means that one of their employees recently...

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News Posts by Jimmy Beatrice

2020 HSA Contribution Deadline Extended to May 17th

Finalized Association Health Plan Ruling by the Department of Labor

Transition Relief Extended through 2019

2018 HSA Limits Changed

Section 1411 Notices – Employer Penalties

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